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SBMA revenue shares disbursed to 8 LGUs increase to P218M
PH🏛️ Politics3 days ago

SBMA revenue shares disbursed to 8 LGUs increase to P218M

The Subic Bay Metropolitan Authority (SBMA) distributed P218.1 million in revenue shares to eight local government units (LGUs) adjacent to the Subic Bay Freeport for the first half of 2026. This represents a 10.24% increase compared to the same period in 2025. The funds come from a 5% tax on the gross income of businesses operating within the freeport and are allocated based on population (50%), land area (25%), and equal sharing (25%). Olongapo City received the largest share at P50.42 million, while other LGUs in Bataan and Zambales received varying amounts. The distribution also included a 10% retention from the 2024 allocation, as mandated under Republic Act No. 9400.

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Philippine Daily Inquirer logoPhilippine Daily InquirerIndependentCenter3 days ago
SBMA revenue shares disbursed to 8 LGUs increase to P218M

The Subic Bay Metropolitan Authority (SBMA) distributed P218.1 million in revenue shares to eight local government units (LGUs) adjacent to the Subic Bay Freeport for the first half of 2026. This represents a 10.24% increase compared to the same period in 2025. The funds come from a 5% tax on the gross income of businesses operating within the freeport and are allocated based on population (50%), land area (25%), and equal sharing (25%). Olongapo City received the largest share at P50.42 million, while other LGUs in Bataan and Zambales received varying amounts. The distribution also included a 10% retention from the 2024 allocation, as mandated under Republic Act No. 9400.

Bias read (Center): The article presents factual information about revenue distribution without overtly favoring any political side. It includes quotes from SBMA officials and explains the legal framework governing the allocation, providing balanced context without loaded language or one-sided sourcing.

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